Lifestyles of the rich and famous.

The Bahamas is home to some of the most spectacular tropical islands in the world and renowned as a tax haven for the rich and famous. The likes of Nicolas Cage, Sean Connery and Mariah Carey all own property there and it's no wonder when you consider the prices. 

While you can pick up a moderately valued abode for $5 - $12 million in The Bahamas, one property has caught the eye of many thanks to its $118 million price tag. Little Pipe Cay is a private island located in the Exuma archipelago and is possibly the greatest holiday home you'll ever see.

The definition of luxurious, the island features four white sandy beaches and five separate homes scattered across 38 acres of paradise. There's a total of nine bedrooms and bathrooms across the five fully furnished homes, along with a decadent pool and spa area. There are numerous mooring areas around Little Pipe Cay for boats and yachts to dock while the island has its own staff and is monitored by security 24 hours. 

As the listing states, this is a "once in a lifetime incredible island experience" and the type of place most of us can only dream of owning. 

Check out the gallery above or head over to Knight Frank real estate for more details on acquiring Little Pipe Cay in The Bahamas.

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